Sax Wealth Advisors LLC Sells 11,510 Shares of iShares Core Total USD Bond Market ETF $IUSB

Sax Wealth Advisors LLC cut its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 134,724 shares of the company’s stock after selling 11,510 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,223,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of IUSB. Prime Capital Investment Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 633.5% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 33,227 shares of the company’s stock valued at $1,546,000 after purchasing an additional 28,697 shares during the period. Nations Financial Group Inc. IA ADV increased its holdings in shares of iShares Core Total USD Bond Market ETF by 107.0% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 40,417 shares of the company’s stock worth $1,881,000 after purchasing an additional 20,889 shares during the period. UNIVEST FINANCIAL Corp increased its holdings in shares of iShares Core Total USD Bond Market ETF by 19.7% during the 4th quarter. UNIVEST FINANCIAL Corp now owns 996,771 shares of the company’s stock worth $46,390,000 after purchasing an additional 163,853 shares during the period. Northland Securities Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $807,000. Finally, Patriot Investment Management Group Inc. raised its position in shares of iShares Core Total USD Bond Market ETF by 26.0% during the fourth quarter. Patriot Investment Management Group Inc. now owns 55,387 shares of the company’s stock valued at $2,578,000 after buying an additional 11,420 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ IUSB opened at $45.54 on Friday. The firm has a 50-day simple moving average of $45.83 and a 200 day simple moving average of $46.20. iShares Core Total USD Bond Market ETF has a twelve month low of $45.32 and a twelve month high of $47.23. The stock has a market cap of $43.13 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.1686 dividend. The ex-dividend date of this dividend was Monday, August 3rd.

iShares Core Total USD Bond Market ETF Profile

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.